‘Sanctions fuel corruption’

THE Parliamentary Portfolio Committee on Mines and Energy has urged the lifting of sanctions on some diamond firms in the country saying the restrictions fuelled corruption in the trade of precious stones thereby prejudicing Treasury of revenue.

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Speaking at a preparatory workshop in Boksburg, South Africa, ahead of a Kimberley Process Certification Scheme meeting tomorrow, Committee chairperson Edward Chindori Chininga said the embargo had resulted in “unprecedented economic prejudice both to government and its citizens”.

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